The entrepreneurial spirit moves across borders and spans cultures to create an international exchange of ideas, products and services that connect the world's economies.
In 2014, over 190,000 US entrepreneurs and small businesses exported to consumers on at least four continents. That is an absolutely astounding figure when you consider that the US Commerce Department reports that less than 1 percent of all businesses in America export. For the first time in history, nearly every entrepreneur and small business can use technology to reap the benefits of trade on a global scale, an opportunity traditionally open to only the largest multinational corporations. We are entering the age of micro-multinationals.
“The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn,” said futurist Alvin Toffler. Are policymakers focused on building entrepreneurial economies in the name of jobs, or is it really a cunning worker training strategy as we start to equip all our young to be familiar with the dynamics of opportunity recognition, the educational value of “failure” and the magic of iterative testing and validation that underpins modern day entrepreneurial endeavors?
The President’s White House celebration of global entrepreneurship a few days ago had lots of panache and plenty of heavyweights like Steve Case (AOL) and Brian Chesky (AirBnB). But how much has our government been able to keep pace with the startup revolution over the past five years?
Whether you use dated expressions like “it isn’t what you know but who you know” or you are deep into “networking theory,” we all know the importance of having communities to turn to for advice or validation.
This morning, President Barack Obama announced he will travel to Kenya in July to lead his annual entrepreneurship summit. Leading up to the event, PDE will invite comments on possible policy themes as leaders from around the world look for more precise and impactful measures for increasing rates of new firm formation back home. Today, the importance of women entrepreneurs to economic growth.
Kauffman Senior Scholar Amisha Miller explores the notion that entrepreneurship ecosystems can learn from each other, but highlights certain caveats
It is a fairly common refrain that "entrepreneurship is messy." Last week's Global Entrepreneurship Congress reminded us of this -- from entrepreneurs sharing stories of repeated failures before pivoting toward success to policymakers searching for an elusive roadmap to strengthen their entrepreneurial ecosystems.
As it has for each November since 2008, Global Entrepreneurship Week has unleashed a huge ground swell of events and competitions around the world, raising awareness and rallying support for entrepreneurs along with the polices and programs that help them start and scale new firms. But while the cacophony has begun to fade, it is becoming increasingly apparent that the momentum generated during GEW continues to resonate well into the coming year.
Accelerating female entrepreneurship could have the same positive effect on the U.S. economy that the large-scale entry of women into the labor force had during the 20th century.
The future of American growth is in the hands of women, says a new Kauffman Foundation study released on Women's Entrepreneurship Day during Global Entrepreneurship Week.
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